User Account

All Pages

Bcf on disposal of asset

Assignment Help Macroeconomics
Reference no: EM131111098

BCF purchased an asset for $600,000 on 1 September 2004. BCF incurred additional purchase costs of $5,000. Indexation of the cost of BCF's asset is allowed in Country X. The relevant index increased by 60% in the period from 1 September 2004 to 31 August 2011. BCF sold the asset on 1 September 2011 for $1,200,000. BCF incurred selling costs of $9,000. Assume all purchase and selling costs are tax allowable.

How much tax was due from BCF on disposal of its asset?

Reference no: EM131111098

Questions Cloud

Calculate and plot the upper control limit : Construct and interpret an R-chart for the data in Exercise 11.21 (p. 668). a. Calculate and plot the upper control limit and, if appropriate, the lower control limit
Implement and planned a change presentation : The forms of collaboration of your company with the supplier; ways of communication and your liaison officer(s)
Biggest foreign currency reserve : Since the Bretton Woods Agreement, U.S Dollar has remained the world biggest foreign currency reserve due to the historical security and economic power of the U.S. However, there have been ongoing predictions that Euro may soon replace the dollar..
Construct and interpret an r-chart for the data : c. Plot the sample ranges on the R-chart and use pattern-analysis rules 14 of Figure 11.21 to determine whether the process is under statistical control.
Bcf on disposal of asset : The relevant index increased by 60% in the period from 1 September 2004 to 31 August 2011. BCF sold the asset on 1 September 2011 for $1,200,000. BCF incurred selling costs of $9,000. Assume all purchase and selling costs are tax allowable.
Summarize the data numerically and graphically : Test that there is no association between gender and the likelihood of trying a low-fat diet. Summarize the results.
Describe your overall reaction after attending the event : Write a two to three (2-3) page report (500-750 words) that describes your experience. Clearly identify the event location, date attended, the attendees, and your initial reaction upon arriving at the event.
Company produces vials filled with morphine : A pharmaceutical company produces vials filled with morphine (Communications in Statktics, Vol. 27, 1998). Most of the time the filling process remains stable, but once in a while the mean value shifts off the target of 52.00 grams.
Monetarists on the philip curve : What were the arguments by the rational expectation monetarists on the Philip's curve?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Elucidates provideded to each state to maximize revenue

Elucidate recommendation should be provided to each state to maximize revenue. Which state was most likely to be following a political unsupportable policy.

  Which country should produce wheat and why

Supposed the USA and Canada are considering to trade. Assume there are only two goods in the economy; wheat and corn.  USA 4 (units of wheat), 2 (units of corn); Canada 5 (units of wheat), 8 (units of corn). In this case, which country should produce..

  1 currently in the us inflation as measured by the cpi is

1. currently in the us inflation as measured by the cpi is about 1.5 and u is about 7.6 assume that us un 6.present the

  Analysis of indifference curve

Using indifference curve analysis, explain and show graphically the effects of higher gasoline prices on:

  What is the effective annual interest rate for payment plan

A rural stretch of a two lane road in Loudoun County is to be refurbished or a new route established. The existing road, E, will cost $3,000,000 and the new route, N, will cost $5,000,000. Annual O&M costs will be $120,000 for E and $90,000 for N...

  Economic growth, technical advance, and expansion of size

Please describe how do Keynesian and Real Business Cycle economists differ on right response to Japanese stagnation? On what sorts of issues might they be able to agree?

  Discussing positive consumption externality

Define in general the term "internalize the externality" and explain its application in this case. Discuss a policy other than a tax or subidy that could cause individuals to internalize the externality. Explain briefly.

  Elucidate the organization industry reduce production

Elucidate the organization/industry reduce production or shutdown their operations? Explain your reasoning.

  Fine demand for a product is inelastic with respect to price

people are not very responsive to the price changes of this product and the absolute change in quantity demanded is less than the absolute change in price. people are not very responsive to the price changes of this product and the magnitude of th..

  Keyenes consumption function appears to explain consumption

Keyenes consumption function appears to explain consumption over the short run but not consumption over the long run - why?

  How will it impact blackspots bottom line

From the two businesses perspectives, the two products are indistinguishable. The large investment required to build production facilities prohibits other firms from entering this market, and existing firms operate under the assumption that the ri..

  Benefits of pursuing additional education and the inherent

Your decision to pursue a higher-level degree is based on investment in human capital. What are the marginal costs and benefits of pursuing additional education and the inherent risks associated with this decision?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd